Sorry, my reply obviously didn’t come across as clearly as I thought. My question is directed at Sunbeam.
All those affected by Think Accounting, if you can be bothered, check out the facebook page of Lee Wilson, MD of Think, living the high life in his penthouse over looking the Millennium Dome and driving his Aston Martin. Doing an up and under certainly reaps rewards.
I will have to have alook at that
Because the NEW…director of New Wave Mr S W Cooke gives his address as Peninsula Square E14 9HL
now you don’t think its the same place owned by Lee Wilson do you !!!
and just remember New Wave Accounting Lincoln are a totally separate company to Think Accounting… yeah
cheers
The brown envelopes from HMRC are going out thick and fast with NI/Income Tax bills inside. MSC is a rare piece of legislation. The vermin MD of Think better keep a look out from his penthouse flat in Docklands as hes not as smart as he thinks he is. MSC bills heading his way lol as his company is deemed the Provider. Lets just say 1000 of Thinks clients fell fowl of this legislation, all of those billed will probably not be able to pay their bills in full, the joint and several then comes in. HMRC act like a giant fishing net, they want their money so they cast their net to catch everyone involved. When the Company or the Director cannot pay in full next comes Think then its officers then the Agencies. What goes around comes around Wilson!
Our stupid Limited Company regulations mean that even if a MD of a bent firm is proven to be a crook during an investigation outside of court - the assets are unlikely to be frozen, and there’s nothing to prevent them liquidating things like cars and yuppie flats owned by them personally - and legging it with the money.
HMRC will be chasing company money floating around in bank accounts - not the MD’s personal funds floating around in HIS personal bank accounts…
Needless to say, the “company” tends to have been stripped by the time the investigation is closing in, shifting the crime over from “Tax Evsaion” to “embezzlement” in the process.
I reckon we should expand the HMRC in this country to include agents that can chase these blighters overseas and take their money without further ado - so the onus upon actually getting a British convicition for tax evasion isn’t required up-front to get that money out of them. 
Winseer:
Our stupid Limited Company regulations mean that even if a MD of a bent firm is proven to be a crook during an investigation outside of court - the assets are unlikely to be frozen, and there’s nothing to prevent them liquidating things like cars and yuppie flats owned by them personally - and legging it with the money.
Actually there is. If a director of a company is found to have run the business in such a manner that it leads to its demise then any protections of being Limited no longer apply and they can be bankrupted and not only that, potentially can be imprisoned. Continuing running a business when it is insolvent is also illegal in the UK. Under bankruptcy law in the UK the liquidating of assets immediately prior to banking isn’t taken in a good light and usually ends up at least prolonging the time before being discharged.
HMRC will be chasing company money floating around in bank accounts - not the MD’s personal funds floating around in HIS personal bank accounts…
If the Official Receivers decide he ran his business in a manner that was as I described then HMRC will be going into his personal funds.
Very true Conor, the msc legislation also permits the recovery of monies from the Directors from their own personal wealth. 
Just a further update for anyone who has not spotted it
Think Accounting ltd who landed everyone in the HMRC frying pan
changed its name to New Wave Accounting Ltd supposed to be totally separate
they got a lot of heat connecting them to Think
so in an another attempt to duck and dive
they are now called
Igloo Accounting ltd
third ltd company name in under a year
same people same place
would you trust them to look after your accounting needs
cheers
simon